Commodities
Commodities | 23 Feb 16
IMF calls on Gulf nations to widen their tax base
The newly-reappointed head of the IMF has called on Gulf countries to re-engineer their tax systems and consider greater use of corporate income taxes, as well as property and excise taxes to bolster government revenues in the face of lower oil prices.
Commodities | 19 Feb 16
Moody’s cuts Saudi growth outlook amid ratings slide
The impact of lower oil prices has caused ratings agency Moody’s to revise down its economic outlook for Saudi Arabia, in a week which saw rival agency Standard and Poor’s announce a two-notch downgrade of the country’s sovereign ratings.
Commodities | 17 Feb 16
OMGI to launch gold and silver fund
Old Mutual Global Investors (OMGI) is to launch its Old Mutual Gold and Silver Fund next month.
Commodities | 27 Jan 16
Is Saudi Arabia finally winning the global oil war?
Sometimes in global financial markets, change can be brutal as the market adjusts to a completely new reality. The second half of 2014 was one of these periods and witnessed the beginning of what would become one of the largest declines in global oil prices on record.
Commodities | 19 Jan 16
Commodity price plunge could spark social unrest, Axa says
The sustained slide in prices puts several EM commodity exporters at risk for political and social instability, said a senior economist at Axa Investment Managers.